How does inflation impact local traders?

Niña Mae C. Oliverio 09/07/2023

CEBU CITY, Philippines — The country’s inflation rose to 5.3 percent in August, according to the report of the Philippine Statistics Authority. So how does the inflation, defined as the rate of increase in prices over a…

Philippine inflation rose to 5.3% in August

Ronnel W. Domingo 09/05/2023

MANILA  -Headline inflation revved up to 5.3 percent in August, after waning throughout the previous six months, bringing the average since January to 6.6 percent, according to the Philippine Statistics Authority. The result for August is closer…

Fuel prices in 6 gas stations in Cebu City as of August 15: Gasoline, diesel prices continue to go up

Niña Mae Oliverio and Emmariel Ares 08/16/2023

CEBU CITY, Philippines — Motorists will continue to bear the brunt of another price increase on fuel this week, which has been hiked again and this time by up to P2.50 per liter effective Tuesday, August 15.…

Mother and son partnership leads to opening of 1st Siomai King food kiosk in Cebu City

Dennis Gutierrez 08/14/2023

Mother and son business partners, Carmil Nemeño and Jessie Jay Nemeño, paved the way for the opening of the first Siomai King food kiosk in SM City Cebu. Carmil, a nurse, and her son Jessie Jay, a…

W+B Advisory Group’s ‘Family Business Continuity’ event to drive succession empowerment for family businesses 

08/09/2023

As the founder’s tenure in a family business comes to an end, the question arises: What’s next? W+B Advisory Group, a leading Asia Pacific-based Strategic Advisory firm specializing in Family Governance, Succession, and Next Generation Leadership, understands…

Livelihood orientation held for displaced MEPZ workers 

Futch Anthony Inso 08/02/2023

CEBU CITY, Philippines—The Department of Labor and Employment in Central Visayas (DOLE-7), in coordination with the Lapu-Lapu City Government, conducted a livelihood orientation and proposal writeshop to displaced Mactan Export Processing Zone (MEPZ) workers. The activity was…

ABAC in Cebu: President Marcos assures PH’s support

Morexette Marie B. Erram 07/28/2023

CEBU CITY, Philippines – President Ferdinand ‘Bongbong’ Marcos Jr. has urged business leaders in the Asia-Pacific to “find inspiration and leverage available tools” in fostering rapid economic growth in the region as he welcomed them for the…

Aumentado calls for unity as he embarks on his second year in office

Doris C. Bongcac 07/23/2023

MANAUE CITY, Cebu – There are a lot of things to look forward to as he starts his second year at the Bohol Provincial Capitol. Governor Erico Aris Aumentado said billions worth of infrastructure projects were now…

Aumentado reports making several ‘breakthroughs’ in his first year in office

Doris C. Bongcac 07/23/2023

MANDAUE CITY, Cebu – His first year in office paved the way for a lot of breakthroughs for the province of Bohol. Governor Erico Aris Aumentado said that since he occupied the Provincial Capitol, so much has…

Michael Pacquiao joins forces with House of Franchise

Dennis Gutierrez 07/22/2023

Rapper Michael Pacquiao, son of eight-division former champion Manny Pacquiao, has decided to step into the ring. The ring of business, that is. The younger Pacquiao, who has churned out a series of musical hits, signed with…

Cebu City Treasurer’s Office urges business owners to pay taxes, other fees before deadline  

CTU Intern Mariele Ocubillo 07/12/2023

CEBU CITY, Philippines — The Cebu City Treasurer’s Office (CTO) is urging the business owners to settle their business taxes and other fees for the third quarter of 2023, on or before the deadline to avoid surcharges.…

Danao City opens its doors to more investments

Doris C. Bongcac 07/09/2023

MANDAUE CITY, Cebu — Danao City in northern Cebu is opening its doors to more investments in order to achieve its dream of becoming a model of sustainable development in the Province of Cebu and the rest…

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